TODAY.AZ / Business

Babayev meets with U.S. ambassador

14 March 2007 [07:59] - TODAY.AZ
Azerbaijan's Economic Development Minister Heydar Babayev briefed U.S. ambassador to Azerbaijan Anne Derse about preparatory activities for Azerbaijan's accession to the World Trade Organization, recalling that USTDA and Azerbaijan inked a technical assistance grant agreement in 2002 to support Azerbaijan's WTO accession efforts.

Under the agreement, the Technical Assistance Project started since March, 2003 and then prolonged for two more years to September, 2006. Within the scope of the project, some Uruguay Round Agreements were translated into Azeri, WTO tables for intellectual property rights, agricultural subsidiary, technical barriers in trade, sanitary and phytosanitary measures were drafted, adaptation of Azerbaijan's legislation on trade regulations to the WTO regulations were analyzed and the relevant legislative acts were translated into English etc.

The main issue is to improve the legislation at the present phase of the accession process.

The ambassador noted that the United States can provide any support and technical assistance in the country's WTO accession efforts.

Issues concerning expansion of economic elations between the two nations and support for regional social-economic development program were discussed at the meeting, the ministry press service told APA-Economics.

URL: http://www.today.az/news/business/37822.html

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